Retail Space Near Target
For Sale
Contact for pricing
12761 US-431, Guntersville, AL 35976
Commercial space on US-431 near the new Target development in Guntersville.
Property Size2,078 SF
Price / SF$167.95
Days on Market126
Property Features for 12761 US-431
General Information
Standard status
Active
Size
2,078 SF
Property subtype
Retail, Office, Business for Sale
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Stories
2
Listing Agency:
Leading Edge RE Group
(256) 489-2602
Listed By:
Jeri Franks · License #AL 98160
Source:
Crexi
Added: Apr 28
Changed: Aug 30
Last Checked: Aug 31 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leading Edge RE Group
Investment Insights
Based on property information with market context.
This retail property offers approximately 2,078 square feet of commercial space at 12761 US-431. The location is in Guntersville, Alabama, with the building positioned directly along US-431 for straightforward highway exposure.
The property is situated near a new Target development and is identified for retail, office, or other business use. Its highway setting and proximity to the planned development provide clear context for evaluating the site as a commercial storefront.
The property is situated near a new Target development and is identified for retail, office, or other business use. Its highway setting and proximity to the planned development provide clear context for evaluating the site as a commercial storefront.
Key Highlights
- Approximately 2,078 square feet of commercial space
- Located directly on US‑431 in Guntersville, AL
- Near the new Target development
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,424
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$468,480
$468.5K
Cap Rate 7%
$334,629
$334.6K
Cap Rate 9%
$260,267
$260.3K
Market Conditions
NOI Build-Up for 2,078 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.4K $18.00/SF
− Vacancy
−$6.2K −$2.97/SF
EGI
$31.2K $15.03/SF
− OpEx
−$7.8K −$3.76/SF
NOI
$23.4K $11.27/SF
Area
Marshall County, AL
Vacancy
16.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$468,480
Cap Rate 7%
$334,629
Cap Rate 9%
$260,267
Alternative Uses
Best Use
Office B
$334.6K
$292.8K – $390.4K
NOI $23,424 @ 7.0% cap · market cap 6.71%
Second Best
Retail
$189.4K
$165.7K – $220.9K
NOI $13,256 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$448.5K
$392.4K – $523.3K
NOI $31,395 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 35976, AL
16,787
Population
7,472
Households
2.2
Avg Household Size
47
Median Age
31%
College-Educated
88%
High-School Grad
127.6 sq mi
ZIP Area
132
Density / Sq Mi
$72,579
Median Household Income
$39,354
Median Earnings
$792
Median Rent
$254,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial space on US-431 near the new Target development in Guntersville.
Where is this retail space located?
The property is located at 12761 US-431 Guntersville, AL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Approximately 2,078 square feet of commercial space; Located directly on US‑431 in Guntersville, AL; Near the new Target development
